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Digital ID
upr000141-057
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I agree.RESOLVED, that the action of Vice President Osborne in executing Letter Agreement C„LoD« No, 13^65» dated November 13, 1959* with Lee C. Hess Co., covering improvement of Salt Lake Avenue, between 7th Street and 9th Street, City of Industry, County of Los Angeles, California; consideration based on unit prices as listed therein; be, and the same is hereby, ratified, approved and confirmed. Following Authority for Expenditure Request, approved by the President, was submitted for ratification? W. 0. 83*4-, issued November 30, 19599 Los Angeles, California, retirement of parcel of land being portions of Lots 19, 38 and all of Lot D, Tract No. 8337* containing an area of 7 6 ,2 3 7 sq. ft., which property was conveyed to Charles E. Keas and Gloria H. Keas by LVL&W LS Deed Audit No. 56719 dated June 16, 1959» Credit Account - Land and Public Improvements ?= Los Angeles, California - Sold, $12,630; Charge Sale Price, $*44,079; Creditable to Profit on Sales of Real Estate, $3194-4-9» and Estimated Cost of Removal of Property Retired Chargeable to Profit on Sale of Real Estate, $2,728. Whereupon, on motion duly seconded, it was RESOLVED, that the action of President in approving the aforementioned A. F. E„ Request; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was -2-